Digital bank to focus on UK's mass affluent.
BANKING AND CREDIT NEWS-July 7, 2020--Digital bank to focus on UK's mass affluent
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Global Banking News - 07 July 2020
A new digital bank called Monument is to target the UK's mass affluent.
The bank, which has already applied for a banking licence, is being launched by industry veterans. It is to serve professionals, property investors and entrepreneurs with a net worth of between GBP250,000 and GBP5m. The firm is to offer savings and property-investment lending products to clients, and will operate using an entirely digital app and...
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